Madsen Gold (TSE) has completed a previously announced $1.2-million private placement. It has also applied for, and expects to receive, a $300,000 grant from the Northern Ontario Heritage Fund, bringi…
Field work is expected to begin shortly at the Bruceside portion of the Sulphurets property near Stewart, B.C. Newhawk Gold Mines (TSE) and Granduc Mines (TSE) — 60-40 owners, respectively — plan to…
The best may be yet to come for Euro-Nevada (TSE), as four new gold mines in the company’s royalty portfolio are being readied for production over the next 24 months. Chairman Pierre Lassonde recently…
With interests in three gold mines and plans to expand gold production, Goldcorp (TSE) has risen above the ranks of the juniors to achieve intermediate-size status. The increase in the company’s pro f…
The largest company in Australia, BHP, enjoyed record net profits of A$1.3 billion (US$924 million) for the fiscal year ended May 31. The result was an increase of 29.6% over the previous year and a r…
Timmins, Ont.-based Moneta Porcupine Mines (TSE) has grossed $570,000 through two private placements. In one placement, privately owned Mattalex subscribed to 1 million shares at 24 cents each, to rai…
An additional loan of $2.5 million will enable Granduc Mining (TSE) to finance its share of pre-development work on the Farley Lake gold deposit in Manitoba. Farley Lake is included in Granduc’s Keyst…
Week’s Price (US) Change Gold* $385.75 – $0.05 Silver* $ 5.32 + $0.05 Platinum* $407.50 + $7.75 Nickel** $ 2.77 + $0.03 Lead** $ 0.26 + $0.02 Copper $ 1.12 + $0.06 Zinc $ 0.43 + $0.01 Courtesy of Scot…
Toronto-based Lakefield Minerals (CDN) has completed its initial public offering of shares through investment dealer McDermid St. Lawrence Chisholm. The offering enabled Lakefield to raise net proceed…
By next summer, Loki Gold (TSE) hopes to be in production at its Brewery Creek project near Dawson City, Y.T. Startup for an open-pit, heap-leach gold mine is scheduled for August, 1995, with planning…
A former chief mine geologist at the Arthur White gold mine of Goldcorp (formerly Dickenson Mines) at Red Lake, Ont., Donald Bourne died recently in Toronto after a short illness. He served as chief g…
London Metal Exchange Spot closing prices in $US per tonne Date July 5 July 4 July 1 June 30 June 29 Copper 2471-2472 2454-2455 2423.5-2424.5 2367.5-2368.5 2355-2356.5 Lead 565.5-566.5 567-568 567.5-5…
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